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Updated about 8 years ago,
Using LLC to buy notes and investment properties
Good evening,
I'm a new (aspiring) investor and have gotten very interested in notes. I've done a lot of studying on the subject which has mostly taught me that there's a lot more to learn and Due Diligence is critical. I plan to start out small with lower value performing notes, probably seconds, in order to get some experience. One of the first questions that comes to mind is if I should use an LLC rather than buy personally. It seems like while there would be some extra cost involved that it would be worthwhile in the long run. I presumably would also buy and hold rental properties in the same LLC. I'm in Texas.
Any guidance would be welcomed.
Thanks,